133 S Center St. Plainfield, IN 46168
Property Type: Triplex | Zoning: R-5 (High Density Residential)
Beds/Baths: 6/3 | Sqft: 2,948 | Lot: 8,712 sqft
Year Built: 1970 | Status: Full Gut Rehab (Blank Canvas)
Asking Price: $155,000 | Rehab Cost: $118,000 | ARV: $387,000
Financial Overview:
Rent Potential: $2,180–$2,800/mo (varies by amenities)
Total Investment: $273,000
ARV: $387,000
Potential Profit: $119,000+
Key Highlights:
Zoning: R-5 (High Density Residential) — Ideal for investors seeking to maximize rental income.
Rehab: Full gut—perfect for a custom renovation.
Cash to Close: $3,000 | Financing Available
ROI Potential: High, with strong rent and profit margins.
Location Perks:
Schools: Highly rated public and private options nearby.
Hospitals: Hendricks Regional Health (10–15 mins) & major Indianapolis hospitals (25–30 mins).
Dining: 15–20 restaurants within 5–10 mins, including Perry Crossing Mall.
Contact Now! ?? 317-610-9834
Pending
$155,000
133 S Center St, Plainfield, IN 46168
6beds
3,465sqft
Est.:
MultiFamily
Built in 1870
-- sqft lot
$318,500 Zestimate®
$45/sqft
$-- HOA
Overview
What the owner loves about this home
I love the options that this property presents. THe fact that it's zoned as an R-5 (high-density-residential MFR), it really opens up the possibilities!
- 51 days
- on Zillow |
- 70 |
- 2 |
Listed by:
(317) 597-0457
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced air, Other, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Garbage disposal, Range / Oven, Refrigerator
Features
- Flooring: Tile, Hardwood
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 3,465 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Other
- Has view: Yes
- View description: City
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 321034234017000012
Construction
Type & style
- Home type: MultiFamily
- Architectural style: TradAmer
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1870
Community & HOA
Location
- Region: Plainfield
Financial & listing details
- Price per square foot: $45/sqft
- Tax assessed value: $52,800
- Annual tax amount: $2,852
- Date on market: 3/6/2025
- Loading